table 42, Excludes $382,797,000 "Stocks in hands of property disposal officers" included in 2 Stocks excess to 1 stock fund division or a stock fund branch, but not necessarily excess to the Army supply system. 3 Not stratified as of June 30, 1958. 33294-588 About 41 percent of the Army stock fund inventories is in the Quartermaster Corps category. The Ordnance Corps group of categories amounts to $2.3 billion and represents 37.9 percent of the total Army stock fund. 4. Navy supply system inventories (excluding Marine Corps) For inclusion in this report, Navy's supply system inventories are grouped into 30 major categories. In addition, the inventories are stratified into six accounts, other than undistributed stocks, to indicate the broad retention groups into which the Navy inventories are divided. A brief review of the data in table 33 indicates that the category of major Ordnance equipment and explosives, totaling $4.8 billion, constitutes the largest single supply category (40.4 percent) of the Navy supply system inventory. The only other category of inventory valued at over a billion dollars is aeronautical material which totals $2.3 billion. These 2 inventory categories together constitute 59.8 percent of the total Navy supply system inventories at June 30, 1958. TABLE 33.-Supply system inventories (including stock funds), by inventory strata and category as of June 30, 1958 DEPARTMENT OF THE NAVY-EXCLUSIVE OF MARINE CORPS (Thousands of dollars] Excludes $225,954,000 "Shipboard supplies" and $840,598,000 "Aircraft spare engines," which are shown in table 29; and $738,434,000 "Stocks in hands of property disposal officers," which is shown in table 42. Adjusting the total amount reported for the Navy's supply system inventories in last year's report by the amount of stocks in hands of property disposal officers, in order to show the two reports on the same basis, will show that the total supply system inventories decreased $2,027,238,000. Navy supply system inventories (exclusive of Marine Corps) The total reduction in inventories is accounted for by a drawdown of $280 million in stock fund property and a drawdown of $1,747 million in appropriated fund inventories. The total value of Navy's supply system inventory decreased $2 billion from the amount reported a year ago. Peacetime operating stocks increased $495 million during the year which was the only stock strata in which Navy reported an increase. Mobilization reserve stocks decreased $1.9 billion. Economic and contingency retention stocks decreased $332 million and excess stocks, after eliminating the surplus in hands of property disposal officers, decreased $38 million. Claimant stocks decreased $10 million and the undistributed stocks decreased $244 million. Peacetime operating and mobilization reserve stocks together represent 65.4 percent of the total distributed Navy stocks. Navy supply system inventories are presented graphically in chart 9. |